MassChallenge

MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, founded in 2009. It supports early-stage entrepreneurs from various industries, including technology, healthcare, and finance, by providing mentorship, resources, and networking opportunities. With locations in countries such as Israel, Mexico, Switzerland, and Texas, MassChallenge operates a non-equity model, allowing startups to retain full ownership while benefiting from expert guidance and connections. The accelerator conducts various programs tailored to specific sectors, such as MassChallenge HealthTech and MassChallenge FinTech, which facilitate partnerships between startups and established enterprises to drive innovation and market growth. Through its extensive global network, MassChallenge aims to strengthen the innovation ecosystem and empower high-potential startups to create meaningful impact.

Cait Brumme

Acting CEO

Siobhan Dullea

CEO

Kiki Mills Johnston

Managing Director, Boston

Matt Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Renewables

EcoAct Tanzania

Non Equity Assistance in 2024
EcoAct Tanzania is a manufacturer focused on energy conservation and sustainable building materials by recycling post-consumer plastic waste. The company employs chemical-free plastic extrusion technology to transform waste plastics, packaging materials, and agricultural byproducts into durable and eco-friendly plastic lumber. This innovative approach not only provides a viable alternative to traditional wood timbers but also ensures that the resulting products are termite-free, resistant to rot, and cost-effective. By converting waste into valuable materials, EcoAct Tanzania contributes to environmental sustainability while offering affordable solutions for construction and building needs.

Rrreefs

Non Equity Assistance in 2024
Rrreefs is an environmental company focused on restoring damaged coral reefs through a scientifically developed modular reef system utilizing 3D-printing technology. The company's mission is to enhance marine biodiversity by rebuilding reef ecosystems, which also helps protect coastlines. In addition to ecological restoration, Rrreefs aims to create new underwater attractions that promote ecotourism, thereby raising awareness among tourists about the importance of marine conservation. By collaborating with conservation organizations, Rrreefs seeks to deliver sustainable solutions that benefit both the environment and local communities.

Ecovon

Non Equity Assistance in 2024
Ecovon believe that there is a better way of making building materials. That is why we are focusing our energy on completely rethinking and re-designing how the new generation of building materials is made. Ecovon are developing sustainably sourced, newly engineered wood made from coconut husk and sugar cane bagasse, supplying the global market with a formaldehyde-free bio-based wood alternative that are better for people and planet. Ecovon will bring the first non-additive, bio-based, renewable wood product to market which is naturally flame retardant and anti-fungal without added binders (glues). The physical properties are better than comparable engineered woods on the market currently, all which use additives and heavy chemicals to reach additional flame retardant properties while reducing our CO2 footprint, deforestation and enriching the lives of locals in coconut and sugarcane producing developing countries such as Ghana. The board material has been shown to exhibit excellent properties, which are comparable with or even superior to commercial wood based panels. Our product is stronger and more durable, priced considerably less, and greener. Coconut husk has the highest lignin content of any known plant and this helps the raw material to bind into a hard board without the addition of any damaging glue or binder. Due to its strength the board has the potential to be used for structural elements in buildings. It also has natural anti-fungal properties and burns three times slower than wood. The method is sustainable and environmentally friendly. The residual material of the coconut is used in its entirety. It is a good alternative to wood and helps to prevent deforestation. During production, glue and chemical agents do not need to be added. Furthermore, the production is CO2 neutral. It is inexpensive. The glue that has to be added when boards based on wood fibre are made contributes to one third of the total production costs. Glue is not required to process coconut husk into board material. It can form an extra source of income for farmers in developing countries

Solumar

Non Equity Assistance in 2024
Solumar specializes in advanced air and gas filtration technologies aimed at reducing emissions from heavy industries, including city councils, maritime operations, and oil and gas companies. The company’s innovative approach incorporates seawater and principles from aviation to effectively capture black carbon and greenhouse gas emissions. By focusing on efficiency and sustainability, Solumar assists its clients in complying with the Agenda 2050 goals for emission reduction while offering cost-effective solutions for managing air pollution.

Tespack

Non Equity Assistance in 2024
Tespack Ltd. is a Finnish company that specializes in mobile energy solutions, providing a variety of products such as ultra-light batteries, solar panels, smartpacks, backpacks, and portable chargers. Founded in 2013 and based in Helsinki, Tespack focuses on creating smart mobile micro-grids for challenging markets, particularly for off-grid usage. The company employs advanced software, deep learning technology, and proprietary hardware to deliver reliable and sustainable energy infrastructure in remote locations. Tespack's mission includes addressing critical battery management challenges, such as enhancing battery recycling accuracy and monitoring battery performance. Its products are distributed across various European countries through distributors, retailers, and online sales, catering to remote workers, adventurers, and disaster relief efforts.

Sonali Bioplastics

Non Equity Assistance in 2024
Sonali Bioplastics solves the plastic pollution problem with plant based alternatives that reduces carbon emissions. Sonali Bioplastics takes a sustainable development approach toward solving plastic problems and promote eco-friendly farming. The company was founded in 2019 and is based in San Jose, California.

Terra Bioindustries

Non Equity Assistance in 2024
Producer of plant-based protein intended to decarbonize supply chains by creating valuable products from underutilized waste from other industries. The company offers a sustainable plant-based protein that is produced from spent grains by transforming the unused part of the grain from beer manufacturing into functional vegan protein, enabling clients to get products that replace the need for soy and pea protein in meat and dairy replacements

SCALE Advanced Biocomposites

Non Equity Assistance in 2024
SCALE Advanced Biocomposites specializes in the development of natural-fiber composites aimed at advancing the use of bio-based materials across various industries, including sporting goods, automotive, wind power, and aerospace. The company's innovative materials and technologies offer an effective alternative to carbon fiber, enhancing performance while simultaneously reducing costs and greenhouse gas emissions. This approach supports clients in their efforts to decarbonize high-performance composites, contributing to a more sustainable built environment. Through its focus on creating new, bio-based materials, SCALE seeks to significantly lower emissions and promote the adoption of eco-friendly solutions in multiple sectors.

Sunbird Straws

Grant in 2023
Sunbird Straws manufactures drinking straws from dried fallen coconut leaves, which helps to prevent leaf burning, reduces the use of single-use plastic straws, and provides employment for rural women.

Seprify

Grant in 2023
Seprify is a manufacturer specializing in cellulose-based products aimed at promoting sustainability within various industries. The company develops plant-based cellulose white pigments and opacifier solutions designed to serve as alternatives to traditional titanium dioxide. These pigments are derived from renewable materials that are cost-effective, biocompatible, and easily processed, allowing for scalability using established industrial methods. Seprify's offerings cater to a range of sectors, including paints, inks, cosmetics, pharmaceuticals, and food, enabling businesses to create safer and more sustainable products. By focusing on cellulose-based solutions, Seprify supports the transition toward a circular economy and encourages the adoption of environmentally friendly practices among its clients.

CLIMATENZA

Grant in 2023
CLIMATENZA is a solar thermal company that applies innovative technology solutions for sustainability in energy. Its technology provides high-value energy to utilities and heat for Industrial applications. The company develops and applies technologies to generate electricity from the sun, operating to limit climate change and to develop local communities using concentrating solar thermal technologies. CLIMATENZA was founded on 2018 and is headquartered in Santiago, Chile.

Perovskia

Grant in 2023
Perovskia specializes in the digital printing of custom solar cells utilizing patent-protected technology. The company operates at the convergence of printed electronics, photovoltaics, and material science, providing innovative solar cells designed to power various electronic devices. These solar cells can be printed directly onto glass and other substrates, presenting significant advantages over conventional silicon-based alternatives. This unique approach allows electronics manufacturers to enhance battery life and deliver sustainable power solutions, thereby contributing to the advancement of renewable energy in electronic applications.

Hydrobee

Non Equity Assistance in 2023
Hydrobee is launching radically new clean energy technology to help billions of people every day, and create a global sustainable business. Over a billion people still have no reliable electricity. Over three billion people cook with biomass stoves indoors and suffer from smoke and Indoor Air Pollution. They all have one thing in common: They cook with stoves every day. Hydrobee's "Firebee" TM thermo-electric generator can turn the heat from their stoves into USB charging power for phones, LED lights, internet, and the Jet-Flame blower that improves combustion, saves money and reduces smoke. Connected by Firebee power to mobile phone networks, new clean efficient stoves with chimneys that greatly reduce smoke can now be sold with financing over mobile networks. For the first time, financing is possible for improved stoves used by 100 million poor families. We can solve both indoor air pollution and energy poverty for them with one affordable small device. Hydrobee is a Social Purpose Corporation in Seattle within a network of social entrepreneurs, impact investors and organizations who give us valued support.

Moon Innovations

Non Equity Assistance in 2023
Moon Innovations provides affordable, smart, and sustainable solutions, for low-mid income homes and businesses all around the world.It designs, develops, and manufacture the solar smart inverter system which is a single-box solution providing homes and businesses with solar electricity, WiFi internet access, and AI-enabled security surveillance with a mobile application to remotely monitor and control the system.

AZUL Energy

Non Equity Assistance in 2023
AZUL Energy is focused on advancing energy solutions through the development of innovative air battery technologies and metal-free catalysts. The company enhances the performance of air batteries and creates products related to this technology, aiming to promote eco-friendly lifestyles. Their research has identified a catalyst electrode containing specific pigments that outperforms traditional materials like platinum carbon. Additionally, AZUL Energy's catalyst technology supports clean energy initiatives by providing cost-effective and resource-efficient solutions for the production of green hydrogen. Through its R&D, manufacturing, and sales efforts, the company contributes to the establishment of a recycling-oriented society and enhances the sustainability of energy systems.

Azul Bio

Non Equity Assistance in 2023
Azul Bio offers technology to preserve and restore marine ecosystems and expand the productivity of marine industries at scale.ensure coral reefs continue serving as a foundation to our oceans by increasing their resiliency against climate change.

DioQuest

Non Equity Assistance in 2023
A transformative approach to creating high-value, high-performance products through a unique process that combines two waste streams, CO2 gas from various sources and produced water.

Tree for the Taking

Non Equity Assistance in 2023
Tree for the The goal is to increase the electric guitar's accessibility while concurrently shifting the source of its materials from an extractive, colonialist origin to a sustainable one.

Seprify

Non Equity Assistance in 2023
Seprify is a manufacturer specializing in cellulose-based products aimed at promoting sustainability within various industries. The company develops plant-based cellulose white pigments and opacifier solutions designed to serve as alternatives to traditional titanium dioxide. These pigments are derived from renewable materials that are cost-effective, biocompatible, and easily processed, allowing for scalability using established industrial methods. Seprify's offerings cater to a range of sectors, including paints, inks, cosmetics, pharmaceuticals, and food, enabling businesses to create safer and more sustainable products. By focusing on cellulose-based solutions, Seprify supports the transition toward a circular economy and encourages the adoption of environmentally friendly practices among its clients.

Composite Recycling

Grant in 2022
Composite Recycling is dedicated to advancing a novel method for recycling glass fiber reinforced polymer (GFRP) materials. The company utilizes a specialized pyrolysis technique that effectively recovers glass fibers from composite waste while largely preserving their structural and functional properties. This innovative process addresses the growing issue of composite waste from sources such as boats and wind turbine blades, allowing for the recycling of GFRP into high-quality reclaimed glass fibers and pyrolysis oil. By scaling its technology, Composite Recycling aims to provide businesses with sustainable solutions for managing composite waste and promoting environmental responsibility.

Arbor

Non Equity Assistance in 2021
Arbor is a carbon accounting platform focused on helping companies calculate and reduce their emissions to achieve net-zero targets. Its automated Product Carbon Footprinting platform allows businesses to efficiently assess carbon footprints throughout the entire lifecycle of their products. Arbor offers features such as Hotspot Analysis, which identifies key contributors to emissions—including materials, suppliers, and activities—and Product Prototyping, which enables strategic testing of product designs to minimize emissions. By leveraging proprietary environmental and societal datasets, Arbor empowers companies to measure, enhance, and demonstrate the sustainability of their products. Its platform has been utilized by notable brands to accurately measure emissions, accelerate their journey to net-zero, and navigate compliance regulations effectively.

Persist Energy

Non Equity Assistance in 2021
Persist Energy specializes in creating efficient drivetrains and vehicle designs tailored for the infrastructure and requirements of developing nations. The company develops electric mobility solutions aimed at businesses, featuring a modular utility system for vehicles and an electric bike designed to generate income. Additionally, Persist Energy offers affordable charging points suitable for home or business use, allowing clients to scale their drivetrains with minimal alterations to existing tooling or fixtures. Through these initiatives, Persist Energy seeks to enhance mobility and promote sustainable transportation in emerging markets.

Tropical Matter

Non Equity Assistance in 2021
Tropical Matter promotes an environmentally conscious culture by providing material alternatives made from renewable resources. Tropical Matter was founded by Debora Zuniga Arias.

Undesert

Non Equity Assistance in 2021
Undesert specializes in innovative water desalination technology aimed at addressing water scarcity and pollution. The company employs a patented process to convert polluted water into fresh water, thereby providing essential water solutions to municipalities and industrial facilities. In addition to its desalination efforts, Undesert focuses on transforming arid desert landscapes into fertile forest land, generating electricity and producing dry salt without generating wastewater or liquid discharge. Through these initiatives, Undesert contributes to sustainable resource management and environmental restoration.

Algdeha

Non Equity Assistance in 2021
Algdeha is a provider of sustainable biotechnology solutions to fish-based product-dependent industries. It develops sustainable production methods to produce algae on an industrial scale with low cost to use as animal feed for replacing animal-based products. Its innovative production methods allow us to produce algae with lower costs by using wave energy, sunlight, heat from the environment.

ENERGY2GO

Non Equity Assistance in 2021
ENERGY2GO is a provider of direct solar energy recharge to small devices and built-in power banks. The integrated PowerBank can store the sun's energy and provide customers with clean energy at any time of day and in sunlight conditions.

Natrion

Non Equity Assistance in 2021
Natrion LLC specializes in the design and manufacturing of sodium-ion batteries and solid-state electrolyte components. Founded in 2017 and headquartered in Greenwich, Connecticut, the company is focused on enhancing renewable energy storage solutions. Natrion has developed a plug-and-play solid-state electrolyte component known as LISIC, which can be quickly integrated into existing battery production lines. This innovation aims to eliminate fire risks, improve battery durability, and facilitate the use of advanced chemistries that enhance energy density. By providing universally compatible materials for solid-state batteries, Natrion supports the transition to efficient renewable energy systems.

RenewCO2

Non Equity Assistance in 2021
RenewCO2 is a research company that develops processes for converting CO2 into polymers and chemicals. The company was founded in 2018 and is based in Cranford, New Jersey.

GreenJams

Non Equity Assistance in 2021
GreenJams is an innovative company in the sustainable construction sector, specializing in carbon-negative building materials. Its primary product, Agrocrete®, is a patented bio-concrete composed of agricultural residues and mineral-based binders, developed through advanced alkali activation chemistry. Additionally, the company offers BINDR, an ultra-low-carbon alkali-activated binder that serves as an eco-friendly alternative to conventional cement for various applications, including mortars and plasters. Agrocrete® not only provides superior thermal insulation—being 3.5 times better than traditional concrete—but is also cost-effective, offering savings of up to 50%. With manufacturing facilities in Goa and Vizag, GreenJams has successfully completed 15 projects across seven Indian states and is managing an expanding order pipeline valued at approximately Rs. 170 crores. The company aims to transform buildings into agents of climate change reversal, thus contributing to a sustainable future while addressing market needs for high-performance, environmentally friendly construction materials.

Frankles

Non Equity Assistance in 2021
Frankles is a climate technology startup focused on transforming the ingredient production landscape by eliminating petroleum extraction. The company has developed NoDex, an innovative platform that utilizes machine learning and molecular data to design extraction processes from plant raw materials and agro-industrial waste. This technology enables the creation of high-value sustainable ingredients, such as flavorings, functional compounds, antioxidants, and biocompounds. By providing sustainable extraction methodologies, Frankles aims to support the beverage industry in transitioning to green ingredients, contributing to the broader goal of achieving net zero emissions by 2050. Through its scalable solutions, Frankles envisions a decentralized and environmentally friendly approach to ingredient production.

B'ZEOS

Non Equity Assistance in 2021
B’ZEOS offers seaweed-based packaging solutions to industries looking for sustainable alternatives and a way to decarbonize their industry. B’ZEOS is a technology-based start-up that focuses on material development based on seaweed, and our innovation lies within the material formulation, which is converted into tailored packaging solutions.

MellowVans

Non Equity Assistance in 2021
MellowVans specializes in electric delivery vehicles designed for efficient last-mile delivery in urban environments. Their vehicles are distinguished by their large cargo capacity, capable of accommodating 2.4 cubic meters, and provide over 100 kilometers of range on a single charge. With operational costs of less than a dollar per day, MellowVans offers a cost-effective solution for e-commerce businesses seeking to enhance their delivery services. The vehicles also feature regenerative braking and an integrated IoT system that facilitates data generation and route planning, further improving delivery efficiency and reducing emissions. MellowVans aims to transform urban logistics with its attractive and high-performance electric vehicles, ensuring a sustainable and economical approach to urban deliveries.

Heatneutral

Non Equity Assistance in 2021
Heatneutral is the future of zero emission and climate neutral heat energy.

Element 16 Technologies

Non Equity Assistance in 2021
Element 16 Technologies specializes in thermal energy storage systems that enhance energy efficiency for commercial and industrial facilities. The company employs a unique technology that utilizes a molten sulfur mixture to store high-temperature heat energy, replacing traditional molten salts and thermal oils. This innovative approach allows customers to minimize heat waste in cogeneration plants, leading to increased efficiency and a reduced carbon footprint. By optimizing heat energy storage, Element 16 Technologies aims to help businesses save on energy costs while contributing to environmental sustainability.

SmartHelio

Non Equity Assistance in 2021
SmartHelio develops innovative software and IoT sensors designed to enhance the performance and efficiency of solar energy systems. By utilizing advanced algorithms and deep learning, SmartHelio's solutions enable solar companies to quickly detect and identify faults, resulting in performance boosts of up to 3%. The software offers real-time insights and recommendations, facilitating swift issue resolution and optimizing operations and maintenance efforts by up to 30%. SmartHelio's AI-enabled sensors provide reliable data acquisition, empowering energy developers and managers to maintain high-performance asset management with minimal human intervention. The platform is user-friendly, requiring minimal training, and can seamlessly integrate into existing IT systems. With the ability to generate an additional 5% in energy output, SmartHelio positions solar companies to gain a competitive advantage in the rapidly evolving sustainable energy market.

Plastogaz

Non Equity Assistance in 2021
Plastogaz is a Swiss company based in Lausanne that specializes in producing natural gas from waste resources, specifically synthetic plastic waste. Founded in 2019, Plastogaz employs a patented catalyst technology to convert mixed plastics into grid-compatible methane and naphtha, which can be utilized as fuel or for creating new synthetic materials. This innovative approach not only facilitates the recycling of plastic waste but also aims to reduce greenhouse gas emissions associated with plastic disposal, contributing to a more sustainable environment.

Solarflux Energy Technologies

Non Equity Assistance in 2021
Solarflux provides a flexible, clean, inexpensive solar thermal power for a wide range of use cases

FlexSea

Non Equity Assistance in 2021
FlexSea develops novel biomaterials derived from renewable marine resources to replace current primary plastic packaging.

NaturLoop

Non Equity Assistance in 2021
NaturLoop is a Swiss-based cleantech and material science company focused on sustainable development through the production of natural biocomposites. The company specializes in manufacturing coconut-based fiberboard made from agricultural and agroforestry waste, utilizing a low-tech process that promotes circular economy practices. NaturLoop's innovative approach not only addresses environmental concerns but also aims to provide affordable and accessible sustainable materials for the construction sector. By leveraging existing wood panel infrastructure, NaturLoop offers a versatile and eco-friendly alternative to expensive imported building materials. Additionally, the company emphasizes community involvement, integrating local rural communities into its value chain while developing commercially viable products that help mitigate the depletion of natural resources.

ThermoTerra

Non Equity Assistance in 2021
ThermoTerra captures a new source of renewable energy, powered by natural fluctuations in humidity - Humidity Power - to heat and cool build.

Neustark

Pre Seed Round in 2020
Neustark focuses on creating zero-emissions concrete by capturing carbon dioxide emissions from the atmosphere and converting them into limestone, which serves as a sustainable substitute for cement and sand. In addition to this innovative approach, Neustark also offers environmental services that involve recycling construction waste into fresh concrete. The company decomposes concrete waste into its original components—carbonate powder and gravel—allowing clients to recycle materials effectively while reducing the environmental impact associated with concrete production. Through these methods, Neustark aims to contribute positively to the construction industry and address climate change.

Power2Peer

Non Equity Assistance in 2020
A virtual marketplace expanding the frontiers of renewable energy. Power2Peer’s blockchain-secured app-based energy marketplace—P2PConnect—is about opening up entirely new market segments to the reach of renewable generation. For community members unable to pursue the long-term investment of a rooftop solar panel or wind farm installation, buying locally sourced clean energy is an easy and affordable way to buy into the sustainability movement. Corporate clients and small businesses alike will see immediate value and branding upside in offsetting their carbon footprints with energy that’s there even when the main grid goes down. Our equity crowdfunding campaign attracted over 150 investors, and we are now hard at work on the next phases of development for the P2PConnect marketplace.

ALP Technologies

Non Equity Assistance in 2020
ALP Technologies is a renewable energy engineering start-up from London. It focuses on developing renewable energy technologies for the developing world. Since founding in 2015, it has won multiple awards and funded research and development projects such as advanced battery systems on recycled cells, novel biogas generation, and power electronic and control systems. Its small-scale power plant for developing regions uses solar, bio-ethanol, and agricultural waste to generate uninterrupted electricity. It aims to displace diesel generation and fossil fuel based power plants and leapfrog grid infrastructure in the developing world.

PowerPolymer

Non Equity Assistance in 2020
Power Polymer is a chemical material structures platform that creates revitalization and sustainability materials in the market.

Direct Kinetic Solutions

Non Equity Assistance in 2020
Direct Kinetic Solutions is focused on providing innovative power solutions for future generations through the development, manufacturing, and sale of Persistent Power Sources (PPS). The company's technology harnesses the energy from beta-emitting isotopes to create reliable and long-lasting power sources. These radioisotopic batteries are specifically designed for applications such as small satellites and asset tracking, offering a sustainable alternative to traditional lithium batteries. By delivering uninterrupted power over extended periods, Direct Kinetic Solutions enables clients to optimize both energy and space, ultimately enhancing the efficiency of various projects while reducing reliance on conventional power sources.

NALA Membranes

Non Equity Assistance in 2020
NALA Membranes specializes in the production of chlorine-stable reverse osmosis membranes designed to enhance water treatment efficiency while minimizing waste and energy consumption. Their patented materials create durable membranes that resist fouling and failure, making them suitable for demanding industrial wastewater applications. By offering solutions that lower operating costs and reduce greenhouse gas emissions, NALA Membranes supports both economic and environmental sustainability. The company's products are utilized across various sectors, including industrial, municipal, residential, and wastewater treatment systems, effectively addressing a range of contaminants and operating conditions.

CO2 Free Truck

Non Equity Assistance in 2020
CO2 Free Truck develops a device to capture the CO2 emitted by diesel engines. It can be installed on heavy trucks, light trucks, ships, or trains. The CO2 is transformed into liquid CO2 and stored on vehicles and can then either be sold on the CO2 market or can be utilized as a carbon source for producing green fuel (methane or liquid fuels) by combining it with hydrogen produced from renewable energy resources.

ALIS Algae Innovation Solutions

Non Equity Assistance in 2020
To be an innovative and sustainable company offering our clients biotechnological alternatives for the treatment of residual water, capture and recycling of greenhouse gases, for the generation of sustainable products from these residues.

Quempin SpA

Non Equity Assistance in 2020
We break down barriers faced when changing from polluting fuel sources to cleaner alternatives by providing innovative combustion technology for heat transfer in ovens. QUEMPIN offers an efficient and low emissions gas burner for the heat sector that can reduce gas fuel consumption by at least 20%. For companies that use coal or firewood, we can offer our heat solution without investment costs. As a result, we help with the switching cost from dirty fuels to clean energy and economically viable.

Scrufy

Non Equity Assistance in 2020
Scrufy is a vital element of every ship, performing hull grooming and autonomous, ongoing monitoring. It keeps track of biofouling and deals with it at the cellular level. There is no need for collection and disposal, and thus there is no threat from invasive species or from the discharge of biocides from the coating.

Applied Bioplastics

Non Equity Assistance in 2020
Applied Bioplastics is dedicated to reducing reliance on petroleum-based plastics by offering affordable, high-grade recycled alternatives made from sustainable plant materials sourced from developing nations. The company's bioplastic products aim to diminish petroleum dependency, lower carbon dioxide emissions, and mitigate habitat destruction. By combining plant fibers with recycled or biobased polymers, Applied Bioplastics creates materials that can be easily molded or extruded for use in various industries, including household goods, automotive, appliances, electronics, and outdoor equipment. This approach not only addresses the economic barriers that prevent companies from adopting recycled plastics but also allows them to utilize carbon-negative plant materials as substitutes for traditional petrochemical feedstock without compromising quality or profit margins.

ECONEXUS VENTURES LIMITED

Non Equity Assistance in 2020
Econexus Ventures is a renewable energy firm. They provide services that include environmental investing, technology, recycling, conservation farming, and marketing. An online inquiry form is available on the company's website.

PLASTICFRI

Non Equity Assistance in 2020
PlasticFri is a GreenTech company from Sweden with a breakthrough technology turning agricultural waste to eco-friendly products for replacing plastics. For its ground-breaking work, PlasticFri has been awarded as the “World’s Most Innovative Sustainability Startup” among 1400 companies worldwide!

Aeropowder

Pre Seed Round in 2020
Aeropowder Ltd is a London-based company established in 2016 that focuses on developing and manufacturing sustainable materials derived from poultry feather waste. By creating a new value chain from the approximately 10 million tons of surplus feathers produced annually, Aeropowder aims to contribute to the circular economy. Its primary product, Pluumo, is an innovative thermal packaging material designed to outperform traditional expanded polystyrene in temperature-sensitive deliveries, such as food and pharmaceuticals. Made from keratin proteins, Aeropowder's insulated feathers are not only water-repellent but also provide thermal and acoustic insulation, making them an environmentally friendly alternative to conventional packaging materials. The company strives to enable local production of high-performance materials wherever feather waste is available.

Mi Terro

Non Equity Assistance in 2020
Mi Terro is a company focused on developing eco-friendly materials from agricultural waste, specifically targeting the flexible packaging sector. Unlike other businesses that convert agricultural byproducts into food items, Mi Terro repurposes this waste to create ocean degradable and home compostable packaging solutions. Their innovative materials can be utilized across various applications, including fresh produce, dry food, fashion, and cleaning products. By using agricultural byproducts, Mi Terro's process significantly reduces energy consumption and lowers carbon emissions compared to traditional plastic and paper production, generating up to 90% less CO2. The company aims to redefine the circular economy by transforming waste into sustainable materials, ultimately providing additional income opportunities for farmers worldwide and addressing global environmental challenges.

ParagonH2

Non Equity Assistance in 2020
ParagonH2 delivers hydrogen-powered clean energy and water for business, community, and homes.

Graviky Labs

Non Equity Assistance in 2020
Graviky Labs specializes in capturing carbon emissions from vehicle exhausts and converting them into usable products. The company has developed a device that retrofits onto fossil fuel-based vehicles, such as cars and trucks, to capture pollution before it is released into the atmosphere. The collected emissions are processed and transformed into inks, paints, and coatings, as well as solutions like ethylene and ethanol. By recycling these pollutants, Graviky Labs aims to provide sustainable alternatives while contributing to environmental preservation.

C2C NewCap

Non Equity Assistance in 2020
C2C NewCap, founded in 2014 by Rui Silva and Andre Mao de Ferro, is a Lisbon-based manufacturer specializing in the production of supercapacitors designed for efficient electrical energy storage. The company focuses on developing next-generation devices that utilize proprietary electrodes and an aqueous electrolyte, which contribute to a low environmental impact. C2C NewCap aims to provide clients with energy storage solutions that not only enhance operational efficiency but also reduce overall environmental and operational costs.

AeroShield

Non Equity Assistance in 2019
AeroShield specializes in the production of a super-insulating, nanoporous glass material designed for energy-efficient windows. This innovative material, made from silica aerogel, provides optical clarity akin to traditional glass while delivering insulation performance that is 50% superior to standard windows. By integrating AeroShield's technology between two glass panes, manufacturers can significantly enhance the thermal efficiency of their products. Additionally, the payback period for AeroShield-enhanced windows is up to five times faster than that of comparable high-performance windows, making it an attractive option for both manufacturers and consumers. This focus on sustainability and energy efficiency supports industry compliance goals and improves overall product performance.

Cloudline

Seed Round in 2019
Cloudline focuses on providing logistics solutions that connect isolated communities to the global supply chain through innovative drone deliveries. Utilizing lighter-than-air technology and solar power, the company offers emissions-free aviation services, primarily through long-range autonomous airships. These airships are capable of transporting large payloads and conducting data gathering, maintenance inspections, and surveillance. By enabling access to international aid for remote villages, island nations, and disaster-affected areas, Cloudline addresses the critical need for efficient logistics without the reliance on expensive infrastructure. The company's approach aims to improve connectivity and support for communities that are often overlooked.

CELISE BIOPRODUCTS

Non Equity Assistance in 2019
Celise BioProducts is a disposables company that replace single-use plastics by PLA.

Golgi

Non Equity Assistance in 2019
Golgi is a biotechnology start-up focused on the study and creation of polymers from natural sources. Their solution is a biodegradable glasses and plates that germinate in a plant when discarded.

MicroRio

Non Equity Assistance in 2019
MicroRio utilizes bacteria to produce PHA plastic from methane. Methane is an extremely low-cost raw material, allowing one to produce PHA at competitive prices. Its bioprocess uses methane from natural gas as a raw material. Natural gas is a feedstock that does not compete with food and arable land use. MicroRio’s PHA products are price competitive when compared to the conventional plastics it would replace. It was founded in 2018 and is headquartered in Austin, Texas.

Camberline Technologies

Non Equity Assistance in 2019
Camberline Technologies is a company that specializes in a sensor-driven platform designed to monitor electricity usage and promote energy conservation. The platform provides billing-ready data that integrates with existing billing systems, facilitating efficient energy management. By delivering actionable insights, Camberline encourages consumers to adopt more sustainable electricity usage habits, often through attractive incentives. This approach not only supports individual energy conservation efforts but also contributes to broader community sustainability goals.

Bodhi

Non Equity Assistance in 2019
Bodhi's mission is to cultivate the bond between people and the energy that powers their lives. Our software platform empowers solar companies to deliver amazing customer experiences with ease. Bodhi automates communication and personalizes the homeowners’ experience, so that installers can focus on what they do best - executing projects, making more sales, and transforming communities around energy.

SpinDrive

Non Equity Assistance in 2019
Spindrive creates customized levitation technology pushing energy efficiency to the maximum level and promoting oil-free solutions.

Aeromine Technologies

Non Equity Assistance in 2019
Aeromine Technologies specializes in wind energy solutions tailored for large buildings. The company develops innovative wind energy systems that remain stationary, ensuring safety and silent operation. These systems can be installed along the edges of buildings, aligned with the prevailing wind direction, allowing building owners to harness untapped wind energy for on-site power generation. Aeromine Technologies aims to enhance energy efficiency in the built environment by providing reliable and unobtrusive wind energy solutions.

SAMAWATT

Non Equity Assistance in 2019
SAMAWATT helps wind and solar power producers reduce the electric grid imbalance penalties through smart algorithms.

iWin

Non Equity Assistance in 2019
We believe the buildings sector represents a priority for our Planet since it accounts for about 40% of the World's total CO2 gas emission. In order to make our building more sustainable and energy self-sufficient, we have patented an innovative window that integrates a PV Venetian blind to protect buildings from overheating producing renewable energy on-site. That’s iWin. iWin is movable and customizable in size and in color, is durable, maintenance-free, with less than 10 years of payback time. The potential market for iWin is huge. Only in Switzerland about 900’000 m2 of glass façade are installed every year. Today we have realized our first working prototype and we have established a partnership with SUPSI and the worldwide leader of integral Venetian blind: Pellini Group.

GRID

Non Equity Assistance in 2019
GRID focuses on supplying rural areas with consistent, affordable electricity and plans to meet the population's energy requirements. It intends to bring power to rural areas of the nation that, for a variety of reasons, are currently without it. Various fundamental issues, such as lighting, clean drinking water, communication, and electrifying the villages have creative solutions in it.

HiLyte

Non Equity Assistance in 2018
HiLyte specializes in providing lighting and phone-charging solutions to rural communities. The company offers iron batteries that can power both phone charging and LED lighting, utilizing solar energy for their operation. Through the deployment of solar kiosks, HiLyte enables users to access clean energy, improving their quality of life. Additionally, the company supports local agents by providing the necessary installation, maintenance, and training to establish their businesses, ensuring effective service delivery. The portable hiLyte cubes, which are charged using solar power, serve as the primary product for customers, promoting sustainable energy use in underserved areas.

CBC Wind Energy

Non Equity Assistance in 2018
CBC Wind Energy specializes in innovative wind energy solutions designed to operate effectively under extreme environmental conditions. The company has developed a unique wind energy system that features a stationary wind-concentrating enclosure. This system captures wind, creates a vortex, and directs it into a central chamber that adapts its size and shape in response to changes in wind speed and direction. This dynamic design optimizes airflow and enhances power production. CBC Wind Energy aims to provide efficient and affordable wind turbines suitable for urban settings, making renewable energy accessible for homes and buildings while addressing the increasing demand for alternative power sources.

KeeUI Solar

Non Equity Assistance in 2018
KeeUI Solar specializes in providing a range of solar energy solutions, including solar panels, inverters, structural components, industrial monitoring systems, and electric vehicle chargers. The company has developed a mobile platform designed to facilitate the adoption of solar energy by streamlining the processes of sizing, quoting, and purchasing solar products. This platform serves as an intermediary, connecting equipment suppliers, integrators, and customers, thereby enhancing accessibility and efficiency in the solar market. Additionally, KeeUI Solar offers system design services that incorporate technical data, further supporting clients in their solar energy endeavors.

Blue Isles

Non Equity Assistance in 2018
Blue Isles provides floating solar power solutions.

Flux Marine

Non Equity Assistance in 2018
Flux Marine builds electric marine propulsion systems characterized by performance.

Takachar

Grant in 2018
Takachar is focused on creating a network of waste management enterprises in Kenya that convert agricultural residues into eco-friendly charcoal, providing an affordable cooking fuel for low-income households. The company has developed low-cost technologies that can be locally manufactured and have been successfully tested in Kenya over the past three years. Since its inception, Takachar has assisted in establishing seven local waste-to-charcoal enterprises, some of which have achieved operational profitability. To date, Takachar has created approximately 100 jobs and sold 50 tons of eco-char. The company aims to demonstrate the long-term financial sustainability of these enterprises, with the intention of developing a franchise network in the future. Additionally, Takachar employs oxygen-lean torrefaction reactors to transform biomass into commercially viable products, helping farmers prevent the open burning of agricultural waste while providing them with opportunities to generate extra income through value-added chemicals.

SolarBox

Non Equity Assistance in 2018
SolarBox is a renewable energy technologies company that offers renewable energy technologies to people who lack access to electricity. The company is driven by its mission is to offer people who lack access to electricity a better life using renewable energy technologies. The company was founded in 2017 and headquartered in Boston, Massachusetts.

Meredot

Non Equity Assistance in 2018
Meredot is a Ukrainian company founded in 2018 that specializes in wireless charging systems for various devices, including mobile phones, laptops, earphones, speakers, and automobiles. The company has developed innovative products such as MeOutlet, a power outlet system that operates without electrical contact, and MePower, a cable-free charging device designed to accommodate multiple devices. Additionally, Meredot produces wireless chargers for electric vehicles, mobile robots, and forklifts, enabling them to charge without the need for physical connections, whether stationary or in motion. Utilizing advanced manufacturing methods and radio frequency technology, Meredot aims to enhance the usability of electric vehicles while contributing to environmental sustainability by reducing pollution and promoting cleaner energy solutions.

Brightmerge

Non Equity Assistance in 2018
Brightmerge Ltd. is a company that develops an enterprise SaaS platform designed to optimize renewable energy microgrids. Founded in 2018 and based in Tel Aviv-Yafo, Israel, Brightmerge offers an AI-driven suite of products tailored for microgrid developers, financial experts, and energy operators. The platform utilizes proprietary machine learning and big data solutions to automate tasks typically performed manually by project developers and engineers, thereby streamlining the design and operation of microgrid systems. Brightmerge's tools aim to enhance performance prediction, risk mitigation, and overall cost-effectiveness, facilitating the transition to more complex energy networks. The company's focus is on addressing the evolving needs of the energy sector as it adapts to new technologies and business models, ultimately supporting the future of dynamic energy systems.

SurgePower Materials

Non Equity Assistance in 2018
SurgePower Materials is a green technology company that produces high purity graphene, a specialty carbon based nanomaterial, from a renewable resource, by using cost effective and eco-friendly process. SurgePower Materials is well positioned to develop and commercialize manufacturing of specialty carbon based nanomaterials, and redefine the graphene market, and be a leader in the global graphene market. With their dedicated and experienced team consisting of inventors, business directors, project managers and researchers, the best of SurgePower Materials is yet to come.

Yotta Energy

Non Equity Assistance in 2018
Yotta Energy Inc. specializes in manufacturing innovative solar storage solutions, primarily through its flagship product, the SolarLEAF. This modular battery storage device integrates seamlessly with photovoltaic (PV) panels, offering passive thermal regulation to enhance efficiency. The SolarLEAF is designed to minimize the soft costs associated with the design, installation, and maintenance of energy storage systems, making it a cost-effective alternative to traditional centralized solutions. Additionally, Yotta Energy provides SolarPLEXUS, a gateway that enables the automated management and optimization of individual SolarLEAF units. The company also offers a software platform that aggregates energy potential from various systems, aiding utilities in grid management and helping system owners optimize their power usage and reduce costs. Founded in 2016 and based in Austin, Texas, Yotta Energy aims to enhance energy control and resilience through its innovative technologies.

Resthetics

Non Equity Assistance in 2018
Resthetics, founded in 2015 and based in Austin, Texas, specializes in anesthetic recycling services aimed at converting waste anesthetic gas into a renewable resource. The company's core technology, developed from interdisciplinary research at the University of Houston, utilizes a porous crystalline organic framework that effectively captures fluorinated anesthetics. This innovative approach allows for the desorption of these anesthetic molecules, enabling manufacturers to purchase recaptured anesthetics at a lower cost than traditional production methods. By addressing the release of hydrofluorocarbons (HFCs) from hospitals, Resthetics not only contributes to environmental sustainability but also taps into a significant market opportunity. The technology has garnered national recognition, including publication in the scientific journal Nature Communications and support from various grants, and is backed by an exclusive licensing agreement with the University of Houston.

Ilumexico

Grant in 2017
Ilumexico is a B-Corporation focused on promoting community development in Mexico's most marginalized regions through solar energy solutions. The enterprise aims to enhance rural electrification by providing access to clean energy, utilizing microfinance schemes and offering long-term service and training for the use and maintenance of solar technologies. Their product offerings include solar water pumps, refrigerators, street lighting, solar fences, and grid-connected systems. Ilumexico believes that energy access serves as a foundation for broader development and runs programs and workshops on topics such as community organization, gender equity, and financial inclusion to empower these communities.

OffGridBox

Grant in 2017
OffGridBox is a modular and compact unit that provides renewable energy and clean water in remote areas and developing countries. Their OffGridBox™, an all-in-one system, fits entirely inside a 6x6x6 feet shipping container and is equipped with all the hardware needed to produce electricity and clean water. This innovative technology is a solution for more than 2 billion people worldwide that need energy and clean water on a daily basis. One unit potentially managed by a local women co-op in a Rwandese village can impact up to 300 families (circa 1500 people) providing Tier 1 electricity and sterilized water. They deployed 38 units in 9 Countries (Italy, South Africa, Rwanda, Nigeria, Philippines, Madagascar, US and Colombia) for different segments: humanitarian, household retail, service to industry. These units have operated more than 400,000 working hours.

Concord Spirits

Grant in 2017
Concord Spirits reduces the environmental footprint of the spirits industry.

XOC

Grant in 2017
XOC offers a unique learning experience and it creates an energy awareness that will allow users to save energy in short and long term and at the same time contribute to the environment. XOC is designed for a new energy-based economy. Where buying and selling energy will be a fundamental activity in the near future, where smart cities will be incorporated to the Smart grid.

Skyven Technologies

Grant in 2017
Skyven Technologies is an energy-as-a-service company focused on decarbonizing industrial process heat for manufacturers in hard-to-decarbonize sectors. The company aims to reduce onsite CO2 emissions by providing clean, emissions-free process heat at costs lower than natural gas. Skyven implements advanced decarbonization technologies, such as their Arcturus line of steam-generating heat pumps, without requiring capital expenditures or disrupting manufacturing processes. They monitor carbon emissions in real-time and charge clients only for the clean energy supplied. Additionally, Skyven offers dashboards that display real-time data on savings and carbon metrics, supporting facilities in their transition to greener energy sources while also recovering waste heat to produce sustainable steam.

MEMBRASENZ GmbH

Grant in 2017
MEMBRASENZ GmbH was founded in June 2015 by Dr. Jelena Stojadinovic and Prof. Dr. Fabio La Mantia. The company's mission is to supply innovative gas separator solutions for electrolyzers’ industry and make hydrogen universally accessible. Moreover, MEMBRASENZ’s vision is to be the supplier of resource supporting products enabling the sustainability of sense and integrity based energy systems. The company is a spin-off of the Center for Electrochemical Sciences at the Ruhr-University Bochum. MEMBRASENZ has been supported by German Ministry of Economy and Energy BMWi (EXIST grant), Cluster of Excellence RESOLV "Ruhr Explores Solvation" and Horizon 2020 EU Framework Programme for Research and Innovation.

The Energy Audit

Grant in 2017
The Energy Audit is a reference point and provides practical support for all professionals dealing with energy efficiency: energy managers, energy consultants, ESCOs, utility providers and government institutions.

Phase Two Chemicals

Grant in 2017
Phase Two Chemicals is a clean chemistry company focused on developing innovative technology for the on-site production of hydrogen peroxide. By utilizing an electrochemical catalyst research platform, the company aims to simplify the hydrogen peroxide production and delivery process. This technology enables clients, particularly in the pulp and paper mill industry, to produce cost-efficient electric chemicals. Through its advancements, Phase Two Chemicals seeks to enhance the efficiency and sustainability of hydrogen peroxide production.

SolarChange

Grant in 2017
SolarChange leverages cutting edge disruptive technology, including blockchain and machine learning, to create an unparalleled reliable, comprehensive and potentially unlimited data platform for the renewable energy market. Utility companies, grid operators and users alike can obtain real time energy tracking while global trade markets can benefit from such accurate and real time data. Smart predictions, insights and forecasts will be taken to a new level with our proprietary technology.

Lithio Storage

Grant in 2017
Lithio Storage is developing lithium metal batteries containing our patent-pending gel electrolyte that produces a longer lasting (3x), safer battery.

Dechets a L'Or

Grant in 2017
Creating a waste management system in secondary cities that collect urban waste for composting and anaerobic digestion to produce Fertilizer and Energy. We imagine a world in which cities obtain social, economic and environmental value from waste and are therefore healthier and more sustainable places. Our mission is to change how cities in sub-Saharan Africa view their waste. Through innovation of waste systems in small and medium-sized African cities we will provide fertilizer to farmers, energy to businesses, improve the local environment and community health, and create jobs to reduce poverty.

Skypull

Grant in 2017
Skypull SA is a Swiss company founded in 2013, focused on developing an airborne wind energy system that utilizes a hybrid drone capable of vertical take-off and landing. This drone operates at higher altitudes, where it captures energy from strong and consistent winds through a tether connected to a ground-based generator, thereby generating electricity. Skypull's proprietary airframe design enhances the drone's efficiency and versatility, setting it apart from competitors. The company's technology aims to provide an affordable and clean energy solution that contributes to climate change mitigation by facilitating the transition from fossil fuels to renewable energy sources.

LEDsafari

Grant in 2017
LEDsafari SA, founded in 2014 and based in Lausanne, Switzerland, focuses on sustainability education through innovative training programs and solar kits. The company aims to empower future generations to address climate change by providing hands-on learning experiences in schools and educational institutions. Its flagship product is a solar kit that enables users to assemble an electrical circuit and create a lamp from recycled materials. This approach not only teaches solar technology theories but also promotes eco-friendly practices. LEDsafari has successfully sold 15,000 solar kits across 15 countries via its online platform. The company is also developing a state-of-the-art learning platform featuring high-quality animations, graphics, and games, with plans to incorporate augmented reality and mobile technology in the future.

Komp-ACT

Grant in 2017
KOMP-ACT has developed Modula, an innovative electric actuator solution that is poised to electrify the next generation of the industrial machines in the automation industry for the benefits of the machines builders, end-users and last but not least our environment towards an important reduction of CO2 emissions.

Epic Cleantec

Non Equity Assistance in 2017
Epic Cleantec Inc. is a water technology company based in San Francisco, California, specializing in onsite wastewater treatment and reuse systems for buildings. Founded in 2015, the company offers a comprehensive approach that includes design, engineering, permitting, construction support, and ongoing operations for water treatment solutions. Epic's technology transforms building wastewater into purified water suitable for non-potable applications, such as toilet flushing and irrigation, as well as natural soil amendments that can enhance agricultural and landscaping efforts. By implementing these systems, Epic can help projects reduce water demand by up to 95%, resulting in significant cost savings for building owners on water and sewer bills. Additionally, the company's solutions contribute to sustainability efforts and alleviate pressure on municipal utilities. Epic Cleantec has garnered recognition for its innovative approach, including being named one of TIME's Top Inventions of 2022 for its Epic OneWater System.

Greeneum Network

Non Equity Assistance in 2017
Greeneum makes it easy for you to contribute to the future of green energy by focusing on elements that strengthen and secure your financial positions.

Asarasi

Grant in 2016
Asarasi developed a new source of pure water, replacing our rapidly depleting ground water resources with a sustainable & renewable plant-based source. Asarasi is a 1B Gallon sugar-free maple sap byproduct, the worlds only USDA Certified Organic Water.

NrgStorEdge

Grant in 2016
NrgStorEdge Ltd is a start-up, based on patented energy storage technology for safe and inexpensive use in zero-emission hydrogen-powered vehicles. NrgStorEdge is located in the Hi-Tech Village of Jerusalem, Israel. They are approved and financially supported by the Israeli Government and Jerusalem Development Authority.
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